Lightning Round: Delta, Sears, EMC and More

Delta : “I don’t want to own any airline here,” Cramer said. “I am a believer that oil is not done going up.”

CME Group : The Chicago Merc is a “coiled spring” that’s ready to go to a new high after it reports earnings, Cramer said.

Lightning Round

You say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.

EMC : Don’t be frustrated because EMC isn’t reflecting the gains in its spin-off, VMware , Cramer said. That could take six months or so, he said. For now, sit tight because the core business is “doing incredibly well,” he said.

Alpha Natural Resources : Cramer won’t bless coal until the government passes new carbon-dioxide regulations. Until then, utility companies are afraid of building new coal plants in case they aren’t up to code assuming new regulations are passed, he said.

Parker-Hannifin : Cramer called this company “remarkable,” with an “extraordinarily strong” business, much of which is overseas. “It’s a winner.”

Peru Copper : Freeport-McMoRan is the way to go to in the copper business, Cramer said.

Goodyear Tire : It’s better than Michelin, but Cramer would rather be on the other side of this trade - in the oil service names.

Rosetta Resources : This stock is “too cheap” even though it is bogged down in litigation, Cramer said. “Pull the trigger.”

Sears Holdings : Until the housing morass is cleaned up, SHLD is not going to make you a lot of money, Cramer said. He doesn’t recommend buying Sears here, but don’t sell it either, he said. Just hold it if you have it.